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Nov 27, 2012
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this is facing barack obama at a time he wants to do more in asia, deal with the fiscal cliff. welcome to your second term. >> a lot to do. richard haa ss. >> how did jerry adams do it? how did the irish terrorists as they were called before the peace deal, how did they not only enforce the peace but then turn to their own bad elements and say, step out of line, and we're going to crush you. >> one was, they couldn't shoot their way to power. tony blair, the irish prime minister gave them a political path that was legitimate. there was a potential there for compromise. they had discipline in their own ranks. >> how did they do that? how would hamas discipline the extremists? >> at some point -- listen, in the history of every opposition movement, there's a time when there's a civil war where people who want to compromise have to deal with the radicals who don't. the it happened in pre-israel history among the various jewish resistance groups, it'll have to happen with the palestinians. either hamas will be outflanked or they'll have to cut a deal and ultimately stand up. >>> wa
this is facing barack obama at a time he wants to do more in asia, deal with the fiscal cliff. welcome to your second term. >> a lot to do. richard haa ss. >> how did jerry adams do it? how did the irish terrorists as they were called before the peace deal, how did they not only enforce the peace but then turn to their own bad elements and say, step out of line, and we're going to crush you. >> one was, they couldn't shoot their way to power. tony blair, the irish prime...
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Dec 10, 2012
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what he thinks would be a fair deal for both sides in the fkz negotiati fiscal cliff. also, rana foroohar joins the table. keep it right here on "morning joe." [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. of the most highly recommended bed in america. the tempur-
what he thinks would be a fair deal for both sides in the fkz negotiati fiscal cliff. also, rana foroohar joins the table. keep it right here on "morning joe." [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer...
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Dec 5, 2012
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cliff deal. that includes house democrats. and how do i go about doing that without totally alienating the base of my party? and i'm very curious to see what his next step is because his opening offer was essentially where he said he could only go in the debt ceiling bargains of july 2011. he said i can go to $800 billion in revenue, i can do these specific entitlement reforms. that's now his opening offer. where does he go here? >> i think, though, steve that the president of the united states and mr. lew and other democrats need to start looking at him differently. he is like an attorney that knows what his client is going to give and what his client's not going to give. we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is
cliff deal. that includes house democrats. and how do i go about doing that without totally alienating the base of my party? and i'm very curious to see what his next step is because his opening offer was essentially where he said he could only go in the debt ceiling bargains of july 2011. he said i can go to $800 billion in revenue, i can do these specific entitlement reforms. that's now his opening offer. where does he go here? >> i think, though, steve that the president of the united...
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Oct 5, 2012
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that's why the uncertainty scares people, not just the fiscal cliff but dealing with the fiscal cliff. >> mika, i think you're right. i think you're right. whatever you said was right. >> mm-hmm. >> jim cramer, thank you very much. >> blank check. >> she gets a blank check. >> not great number. i'm afraid. not great number. >> we'll see you on "mad money." >> thank you. >> weeknights at 6:00 and 11 on cnbc. >> it's an amazing show. >>> our conversation with ed asner. first a story of courage and survival in nazi-occupied poland. >> look at this, it's a family reunion, mika! >> author matthew brzezinski joins us next. come here. i didn't see you standing over there. how are you doing? it's great to see you. "ever ask somebody to lend you a foot?" "who thinks about stuff like that?" "vince mahe grew up on two continents... and noticed that wherever you go, people have their hands full, but their feet free." "the result? a liftgate you operate with your foot." "code name?" "open sesame" "the all new twenty thirteen ford escape. it's what happens when you go further." check out the latest
that's why the uncertainty scares people, not just the fiscal cliff but dealing with the fiscal cliff. >> mika, i think you're right. i think you're right. whatever you said was right. >> mm-hmm. >> jim cramer, thank you very much. >> blank check. >> she gets a blank check. >> not great number. i'm afraid. not great number. >> we'll see you on "mad money." >> thank you. >> weeknights at 6:00 and 11 on cnbc. >> it's an amazing...
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Nov 9, 2012
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now he turns to the second term, and he has this opportunity to deal with fiscal cliff. it's a huge problem. if he fails, it could destroy his second term. but if he achieves it -- and this is what you see in john boehner, you know, everything that boehner has been doing so far since the election is signaling, you know, a willingness to work. he's saying i'll accept new revenue. you know, i don't want to see tax rates go up, but we'll accept new revenue. that was not the republican position 18 months ago. the president now, if he can get a deal done, which on boehner who seems very open at this moment, very conciliatory to getting a deal done, much more so than mitch mcconnell, if he can get a deal done in the first six months, he's got health reform and putting the nation's fiscal house in order for the next three, four, five generations as the signature achievement already of his second term, that puts you in the league of some of the most successful presidents in our history. those are huge, big-time -- those are big-time accomplishments. >> he's got the opportunity.
now he turns to the second term, and he has this opportunity to deal with fiscal cliff. it's a huge problem. if he fails, it could destroy his second term. but if he achieves it -- and this is what you see in john boehner, you know, everything that boehner has been doing so far since the election is signaling, you know, a willingness to work. he's saying i'll accept new revenue. you know, i don't want to see tax rates go up, but we'll accept new revenue. that was not the republican position 18...
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Nov 30, 2012
11/12
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our theme song today is will we get a fiscal cliff deal done? and i appreciate the music and hopefully we'll hear some sweet music from congress about this. getting down to the wire, guys. >> wow. i don't even know where to start. >> don't stop. keep going. >> please stop. please stop. >> i had a lot of sugared cereal for breakfast this morning. >> references -- he's great is what he is. >> a deejay? you're a deejay? >> a guy throwing around references coming off wilkos like that is aok can me. >> movie anchorman today, sullivan. >> stop it. >> so, brian sullivan international, what exactly does san diego mean in german and, secondly -- >> it's an ancient german word. >> my god. >> and, secondly, brian sullivan international, what do the futures look like right now based on the distressing opening salvo yesterday between tim geithner and republican leaders? >> mika can't hide behind the book. they don't look like much. they're flat to slightly down. everybody is in wait-and-see mode here. there's a story out that mitch mcconnell burst out laughi
our theme song today is will we get a fiscal cliff deal done? and i appreciate the music and hopefully we'll hear some sweet music from congress about this. getting down to the wire, guys. >> wow. i don't even know where to start. >> don't stop. keep going. >> please stop. please stop. >> i had a lot of sugared cereal for breakfast this morning. >> references -- he's great is what he is. >> a deejay? you're a deejay? >> a guy throwing around references...
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Sep 28, 2012
09/12
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this fiscal cliff thing is a big deal. it's coming up quick. >> hey josh. so you've got business owners that for a couple years have said we're not going to invest. we're going to keep the $3 trillion on the sidelines because we don't know what is going to happen as far as regulations go. are they going to be raising our taxes? now we have a third issue, third reason for business owners to be scared. what happens with the fiscal cliff? what happens when we go over the side of the cliff? what happens when you raise taxes and cut spending at the same time? i mean, it is a horrifying business climate that's going to only cause this economy to grind to a halt more which, again, leads to the question, why is mitt romney losing? >> well, it is. the only real certainty is the fiscal cliff is not going to get decided before the election. one of the ironies is that for all this bad news if you look at consumer confidence, it actually shot up in the last few days since the democratic convention. >> right. >> so there's this weird thing going on where, you know, confi
this fiscal cliff thing is a big deal. it's coming up quick. >> hey josh. so you've got business owners that for a couple years have said we're not going to invest. we're going to keep the $3 trillion on the sidelines because we don't know what is going to happen as far as regulations go. are they going to be raising our taxes? now we have a third issue, third reason for business owners to be scared. what happens with the fiscal cliff? what happens when we go over the side of the cliff?...
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Dec 7, 2012
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the effort to reach a deal on the fiscal cliff is now a two-man operation. interesting. president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the public, visiting a local virginia family as a part of his my2k social media campaign, sitting around the kitchen table. he told the family he was optimistic. >> the message that i think we all want to send to members of congress is, this is a solvable problem. the senate has already passed a bill that would make sure the middle-class taxes don't go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like thi
the effort to reach a deal on the fiscal cliff is now a two-man operation. interesting. president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the...
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Nov 29, 2012
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he says it's not a fiscal cliff, it's more like a fiscal slope. there are some people that occupy the left side of the american political spectrum that would agree with howard dean saying listen, it's really not that big of a deal as deficit hawks are making it out to be. you would disagree, i would guess. >> well, i think howard is disagreeing a little bit, too. i think howard is saying it's time for meaningful deficit reduction. howard's become a deficit hawk. i think howard and i would disagree probably on some of the elements of what constitutes -- >> no, but he's saying it's not a disaster if it happens. >> well, i was going to get to that point. the fiscal cliff itself, howard is right, it's a slope. on day one the economy does not collapse and go into recession. but i worry a lot about the markets. the market reaction to going over the cliff, particularly if we go over the cliff in disarray where there's really no plan. everything's broken down. nobody knows where anybody is. i think that could be pretty ugly in the markets. having said tha
he says it's not a fiscal cliff, it's more like a fiscal slope. there are some people that occupy the left side of the american political spectrum that would agree with howard dean saying listen, it's really not that big of a deal as deficit hawks are making it out to be. you would disagree, i would guess. >> well, i think howard is disagreeing a little bit, too. i think howard is saying it's time for meaningful deficit reduction. howard's become a deficit hawk. i think howard and i would...
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Oct 22, 2012
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sense in cyclical terms, but we still have this fiscal cliff to deal with. if we deal with that, we could have great growth. if we fail at that test, we could be back in recession again in the spring so who knows? >> before we go to break, one other big story that's been breaking over the weekend, iran will certainly be a major topic tonight. "the new york times," over the weekend, reported that the united states and tehran have agreed in principle to engage in one-on-one negotiations over iran's nuclear program. the article which cites anonymous sources within the obama administration says the talks would take place after the presidential election. the white house says the report is not true. true or not, richard haass, you already see folks on the romney side trying to exploit this as a bad thing. is it a sign of bad things to come or perhaps a sign that the sanctions are working? >> i think it's exactly right. it's a sign the sanctions are finally kicking in. the iranian currency fell by something like 40% over the last two weeks. >> yep. >> they're feeli
sense in cyclical terms, but we still have this fiscal cliff to deal with. if we deal with that, we could have great growth. if we fail at that test, we could be back in recession again in the spring so who knows? >> before we go to break, one other big story that's been breaking over the weekend, iran will certainly be a major topic tonight. "the new york times," over the weekend, reported that the united states and tehran have agreed in principle to engage in one-on-one...
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Nov 23, 2012
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is it the fiscal cliff? or does it look like the fiscal bungee cord? that's what some people are calling it. we go over for two weeks and then we snap back and get a deal and what does that deal look like? >> a lot of positive talk following the election. even bill kristol talking about let's feel free to raise taxes if it's part of a bigger deal. a lot of elections don't have consequences, midterm elections. this was supposed to be a status quo election. but something happened here. i think the fever is starting to break. >> absolutely. you're going to see it, i think, on immigration reform, and i think you're going to see it on spending and taxation. and you don't have to effect or change basic tax rates. as you know, there's all sorts of things you can do on so-called tax expenditure dealing with home mortgage deductions, dealing with state and local taxes. also there's things obviously on the spending side, entitlements and domestic spending, this isn't that hard. this is, if you will, a mini-package. this isn't necessarily on the scale of simpson-
is it the fiscal cliff? or does it look like the fiscal bungee cord? that's what some people are calling it. we go over for two weeks and then we snap back and get a deal and what does that deal look like? >> a lot of positive talk following the election. even bill kristol talking about let's feel free to raise taxes if it's part of a bigger deal. a lot of elections don't have consequences, midterm elections. this was supposed to be a status quo election. but something happened here. i...
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Nov 19, 2012
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avoid the so-called fiscal cliff. but now, house democratic leader nancy pelosi says she won't budge when it comes to tax hikes for the wealthy, putting her directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earn weers. is that something that's acceptable? >> no. >> not at all? >> the president made it very clear in the campaign there is not enough. what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many, you are hampering growth, you're hampering education, and investments to the future. >> andy, we seem to be standoff once again. >> it's groundhog day, right? >> it is groundhog day. >> first of all, i would love to have a job as an elected official. getting a week off again. it's not like there's anything important we need t
avoid the so-called fiscal cliff. but now, house democratic leader nancy pelosi says she won't budge when it comes to tax hikes for the wealthy, putting her directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earn weers. is that something that's acceptable? >> no. >> not at all?...
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patty murray says she doesn't mind going over the fiscal cliff. dick durbin says we can't take up entitlements this year and the president says you can't touch social security plus he wants more spending and whatever the deal is. that's not what the american people thought the fiscal cliff was about. they thought it was about trying to have something to force us, force our congress and our president to do something about the deficit and debt situation. everything they're talking about will make it worse. >> what's the answer? will we have the deal? >> the real answer is to have comprehensive. look at this. i as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. we have to control defense spending. we have to control other no non- -- other discretionary non-defense spending. i think if you have the whole package, i would hold my nose despite the fact raising those two tax brackets is bad economics, bad for jobs, will hurt the economy,
patty murray says she doesn't mind going over the fiscal cliff. dick durbin says we can't take up entitlements this year and the president says you can't touch social security plus he wants more spending and whatever the deal is. that's not what the american people thought the fiscal cliff was about. they thought it was about trying to have something to force us, force our congress and our president to do something about the deficit and debt situation. everything they're talking about will make...
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Jun 25, 2012
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sit them down with al simpson and bowls and let them talk about dealing with the fiscal cliff. >> why can't they do that? why can't barack obama -- >> hasn't really -- >> why can't barack obama be seen in the same area code withers kin bowles and alan simpson? >> he does not have an incentive to be specific about dealing with entitlements. >> it's the debt commission and they threw them both under the bus and asked the bus to back up just for the sport of it. >> neither wants to be specific and all of us who have any influence on this should be pressing for formats and forums to get them to be specific. ta three 90-minute debates is not going to do it. >> they're going to talk in sound bites and say absolutely nothing. steve, i mean, you and i know, richard, you know, we've all talked about this before, mark, you haven't spoken as much about it because you're reporting on the campaign, come on. this isn't that hard. you go out and you tell people we're going to have to slow down the rate of medicare and medicaid over the next 30 years, we have to reform the tax system to make it faire
sit them down with al simpson and bowls and let them talk about dealing with the fiscal cliff. >> why can't they do that? why can't barack obama -- >> hasn't really -- >> why can't barack obama be seen in the same area code withers kin bowles and alan simpson? >> he does not have an incentive to be specific about dealing with entitlements. >> it's the debt commission and they threw them both under the bus and asked the bus to back up just for the sport of it....
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Dec 6, 2012
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struck on the fiscal cliff. i think boehner is trying to exert control. leaders try to exert control before these votes happen. sometimes weeks before. so this was a warning to house conservatives, that if you go against leadership and a deal is struck, there are going to be consequences. >> yeah. so chuck todd, let's talk about the other side of pennsylvania avenue. the president of the united states yesterday speaking with john boehner. and they wisely decided not to characterize that phone call, thank god for the sake of america. and the world. also, you had tim geithner. good god. >> he didn't say anything he hasn't said before. >> geithner on the sunday shows was saying oh, yeah, the republicans are going to back down. they're going to cower in the corner, tremble and whatever. and then yesterday he said we're going to go over the cliff if republicans don't do what we want. i'm curious, what's the white house attitude right now? are they willing to go over the cliff? is geithner right? >> are they willing t
struck on the fiscal cliff. i think boehner is trying to exert control. leaders try to exert control before these votes happen. sometimes weeks before. so this was a warning to house conservatives, that if you go against leadership and a deal is struck, there are going to be consequences. >> yeah. so chuck todd, let's talk about the other side of pennsylvania avenue. the president of the united states yesterday speaking with john boehner. and they wisely decided not to characterize that...
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where are they on medicare, on the fiscal cliff and the huge issues whoever is elected will have to deal with. something out of whack that we can't produce in this country, serious debate. we've had unserious debates in past campaigns, but the challenge the country faces now at home and abroad are as serious as any i can recall on the eve of a presidential election. there aren't that many days left and there's just -- we don't seem to be headed to get back on track. i hope whoever has chosen to moderate those presidential debates really takes it seriously because i worry that those are going to be the only moments when we have anything like a serious engagement between these two guys. >> chuck, for some reason, you know, we've seen these ads where one side takes another side's comments out of context, proper context. romney, i mean they just out and out misrepresented. >> right. >> what the president said on i think when he was talking about mccain. >> right. >> but in this case, i understand what mark is saying, in this case, when i first heard the president's comments and heard it, you
where are they on medicare, on the fiscal cliff and the huge issues whoever is elected will have to deal with. something out of whack that we can't produce in this country, serious debate. we've had unserious debates in past campaigns, but the challenge the country faces now at home and abroad are as serious as any i can recall on the eve of a presidential election. there aren't that many days left and there's just -- we don't seem to be headed to get back on track. i hope whoever has chosen to...
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Nov 15, 2012
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so i focus on the fiscal cliff and from an economics perspective, that's the big deal. but i was in the white house yesterday. you know -- >> as you often are. >> first time. they never let me in before. >> i was in the white house yesterday. >> well, no, i was down there yesterday covering this. and i'll tell you what. the first question in the press conference was not about the fiscal cliff or the upcoming ceo. it was about petraeus. now you've got the palestinian situation. we've got 45 or 46 days left till the end of the year and only about 12 or 13 working days of congress. that's it. with breaks, et cetera. to get this fiscal cliff. now you've got petraeus, now you've got the increased tensions in the middle east. will that detract the president, distract congress from 100% attention on this issue? >> we're going to find out because we've got, thankly, chuck todd with us, chief white house correspondent, political director, host of "the daily rundown." it's been a busy 24 hours at the white house with the press conference and then the youtube shot that we have bee
so i focus on the fiscal cliff and from an economics perspective, that's the big deal. but i was in the white house yesterday. you know -- >> as you often are. >> first time. they never let me in before. >> i was in the white house yesterday. >> well, no, i was down there yesterday covering this. and i'll tell you what. the first question in the press conference was not about the fiscal cliff or the upcoming ceo. it was about petraeus. now you've got the palestinian...
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Nov 28, 2012
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the positive tone about the rhetoric, the fiscal cliff. investors aren't really buying it. warren buffett said he thinks it will be a deal but not before the new year. secondly, costco, we all shop there and you braet, you inhale and you spend $200 there. $3 billion they're doling out, guys, because they don't want to wait to see what the tax situation is on the back end of this. >> brian shactman still grateful. >> the magicians. you've got it. >> all right. when we come back, he started movies ranging from "field of dreams" to "goodfellas" ray liotta joins us on set. hi, i just switched jobs, and i want to roll over my old 401(k) into a fidelity ira. man: okay, no problem. it's easy to get started; i can help you with the paperwork. um...this green line just appeared on my floor. yeah, that's fidelity helping you reach your financial goals. could you hold on a second? it's your money. roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> ray liotta,
the positive tone about the rhetoric, the fiscal cliff. investors aren't really buying it. warren buffett said he thinks it will be a deal but not before the new year. secondly, costco, we all shop there and you braet, you inhale and you spend $200 there. $3 billion they're doling out, guys, because they don't want to wait to see what the tax situation is on the back end of this. >> brian shactman still grateful. >> the magicians. you've got it. >> all right. when we come...
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hopefully it translates into us getting a deal around the fiscal cliff, the proverbial tax cuts and sequestration. and i'm hopeful that it sets a tone for energy and immigration to be dealt with which i would imagine, michael, republicans have to be eager to deal with right away. >> michael, let me ask you, two years ago, you were chairman of the republican national committee. >> yep. >> republicans won the largest landslide in recent history. >> yeah. >> nationwide picked up 700 seats across state legislatures. the most republicans picked up in the house since 1946. what happened over the past two years? what caused this collapse? other than, of course, you leaving the rnc. >> well, yeah, that was part of it, i'm sure. >> yeah. >> no, i think part of it was looking back on it, what we inherited was the ash heap of 2006, 2008. and what we discovered was, we stopped talking to people. we stopped communicating values and ideas, accepting people where they were. if you go back and you look at those two years, joe, and you covered my tenure at the rnc just like everybody else, you didn't have convers
hopefully it translates into us getting a deal around the fiscal cliff, the proverbial tax cuts and sequestration. and i'm hopeful that it sets a tone for energy and immigration to be dealt with which i would imagine, michael, republicans have to be eager to deal with right away. >> michael, let me ask you, two years ago, you were chairman of the republican national committee. >> yep. >> republicans won the largest landslide in recent history. >> yeah. >>...
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this is just like the fiscal cliff. in the end, it is just like what we saw -- in "lincoln," the 13th amendment. you know, if the nra comes out and says something like that, instead of everybody, oh, now you say it now that blood's on your -- you know what? guess what? feel self-righteous. you can save lives or feel self-righteous. beat your chest like jim and tammy faye baker. if that's how you sleep at night. but i tell you what, in the art of politics, when somebody extends an olive branch, you take it and you take the olive branch, then you grab their arm and then you bring them in and you figure it out. >> this is something -- i don't think i've seen this before. we haven't heard a lot from gun rights advocates or republicans on this side of this. have you been talking at all to any conservative leaders on this? >> well, i have. >> that haven't spoken up? >> i have spoken and i don't usually do this. you know. i work and i'm with my family. i don't spend a whole lot of time on the phone talking -- i spent yesterday
this is just like the fiscal cliff. in the end, it is just like what we saw -- in "lincoln," the 13th amendment. you know, if the nra comes out and says something like that, instead of everybody, oh, now you say it now that blood's on your -- you know what? guess what? feel self-righteous. you can save lives or feel self-righteous. beat your chest like jim and tammy faye baker. if that's how you sleep at night. but i tell you what, in the art of politics, when somebody extends an...
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he said going over the fiscal cliff would pose a substantial risk to the economy. according to a new study the fiscal cliff could give 90% of americans new tax bills when the bush tax rates and some by president obama would both end. the working poor would be among the hardest hit. a tax policy center analysis showed a married couple making about $30,000 a year would on average go from receiving a $15 tax credit to owing $1400. >> wow. >> yeah. that's probably a reason to try and get something done? >> maybe we will. maybe we will. >> you would think. >> yeah. or maybe we can just talk about 2016. >> we could do that as well. how are you doing, willie? >> i'm doing well. >> good. just two weeks after the longest -- >> thanks for stopping by. >> doing well. >> you know, just two weeks after the longest, most expensive and exhausting election in u.s. history eyes are turning to 2016 as speculation begins over the next batch of candidates lining up to run for president. >> who could that be? i know it's going to be a surprise. >> i know it is too. we're moving past th
he said going over the fiscal cliff would pose a substantial risk to the economy. according to a new study the fiscal cliff could give 90% of americans new tax bills when the bush tax rates and some by president obama would both end. the working poor would be among the hardest hit. a tax policy center analysis showed a married couple making about $30,000 a year would on average go from receiving a $15 tax credit to owing $1400. >> wow. >> yeah. that's probably a reason to try and...
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cliff has to be resolved. i hate to harp on this thing. the it's a big thing. they have to figure this out and that's before the end of the year the big deal and to your previous point, joe, isn't it clear my hair has already largely been burned off? >> it has been burned off but you still have a little left. brian, thank you so much for being with us and, mika, if you ever ask brian if he has anything else that's like asking me if i can talk for another three hours. >> that was a mistake. >> thank you so much, brian. we greatly appreciate it. mark halperin, are you ready to call district of columbia yet? >> the closest thing besides the vice president is florida where there's lots of reports of long lines, the problems with ballots and machines. that's a state we cannot ignore thats as something that could go from little to big. >> good lord. good lord. >> real fast. >> real fast. >> so stay with us because apparently we will be bringing in former senior mccain campaign strategist steve schmidt. i'll believe
cliff has to be resolved. i hate to harp on this thing. the it's a big thing. they have to figure this out and that's before the end of the year the big deal and to your previous point, joe, isn't it clear my hair has already largely been burned off? >> it has been burned off but you still have a little left. brian, thank you so much for being with us and, mika, if you ever ask brian if he has anything else that's like asking me if i can talk for another three hours. >> that was a...
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. >> and a real statement of an agenda that says the first thing we'll have to deal with the fiscal cliff, resolve this revenue question, then the government playing a role in trying to stimulate a more robust recovery we've seen until now. and thirdly, what are you going to do to make government work more effectively? >> nothing on what are you going to do about making washington work better. that didn't come out at all. >> it starts with candor that you just don't get in these debates. >> just don't get. and tom friedman, you don't have a question asked and an answer given with candor that jeff greenfield's talking about, tom. on the question of how are you going to change trends such as one that shows that the united states' average wage in the united states for men has been on a steady decline since 1973? and how are you going to combine the need to reinvigorate this economy, restart this economy, redefine this economy at the same time you're taking care of a massive federal debt? >> well, you know, to pick up with jeff's point, joe, we are in the hole we are in because of a convergen
. >> and a real statement of an agenda that says the first thing we'll have to deal with the fiscal cliff, resolve this revenue question, then the government playing a role in trying to stimulate a more robust recovery we've seen until now. and thirdly, what are you going to do to make government work more effectively? >> nothing on what are you going to do about making washington work better. that didn't come out at all. >> it starts with candor that you just don't get in...
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they're uncertain about the fiscal cliff. they're uncertain about taxation. they're uncertain about anyone's policies of how to deal with something as logical as like what was proposed by simpson-bowles to deal with all of these issues. i think, you know, until there is certainty, let alone the geopolitical uncertainty that exists in the world, but look, what people need, there's no even knowledge about what's going to happen with taxation. so as a result, there's no -- there's no -- you had bad employment numbers on friday, 96,000 jobs created. yet the market's going up. so the market usually is a discount factor of the future. so obviously, the market believes that at some point in time, some of these issues will be dealt with. but yes, it is a frustration that is felt that there is no viable alternative on either side. >> they've got trillions of dollars on the sidelines. there has been for several years. there's an uncertainty, but the uncertainty now, unfortunately, is not just barack obama, which you've been able to put it on barack obama for the past t
they're uncertain about the fiscal cliff. they're uncertain about taxation. they're uncertain about anyone's policies of how to deal with something as logical as like what was proposed by simpson-bowles to deal with all of these issues. i think, you know, until there is certainty, let alone the geopolitical uncertainty that exists in the world, but look, what people need, there's no even knowledge about what's going to happen with taxation. so as a result, there's no -- there's no -- you had...
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and the idea is basically, it's time to deal with the fiscal problem, that going over the cliff is completely unacceptable. you heard earlier some of the consequences of what would happen if we did that. >> so what are you guys recommending? >> so what we're recommending is essentially some kind of simpson-bowleslike approach. we're not wedded to one particular plan, but the idea that you have to have meaningful deficit reduction. you have to keep the debt-to-gdp ratio from continuing to go up. and it has to be balanced. and everything has to be on the table. there have to be some revenues, some spending reductions, and you have to deal with entitlements. >> so that means -- yeah, slow down the rate of growth for entitlement spending, raise taxes through a sort of tax reform. again, a balanced approach. and these corporate ceos were saying that was fine with them. that they would line up and support more taxes if that meant also less spending on entitlements and other areas. >> i've called a lot of people and asked for a lot of things over the years, causes of one sort or another. i have neve
and the idea is basically, it's time to deal with the fiscal problem, that going over the cliff is completely unacceptable. you heard earlier some of the consequences of what would happen if we did that. >> so what are you guys recommending? >> so what we're recommending is essentially some kind of simpson-bowleslike approach. we're not wedded to one particular plan, but the idea that you have to have meaningful deficit reduction. you have to keep the debt-to-gdp ratio from...
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with the fiscal cliff and to help create jobs? >> i think you're going to see real leadership from the president from the get-go from the day after the election. i think that he believes we have to have both revenues, which is easier for a democrat to say, particularly from the high-end people, but he's quite strong on entitlement reform. it's different than paul ryan's entitlement reform, but it's real, and it's deep. >> what does it consist of? >> well, you know, medicare, which is the biggest one, delivers great health care highly inefficiently. and you have to change the inefficiencies, and you have to change that by getting away from cost plus, you know, from fee for service and do other things. if you pay doctors a salary, just about every major health care provider that pays doctors a salary gives better health care at far less cost, whether it's kaiser permanente, very good in california, people making $300,000, $400,000, sign up. they're much cheaper than the california average and the national average. >> senator, are we
with the fiscal cliff and to help create jobs? >> i think you're going to see real leadership from the president from the get-go from the day after the election. i think that he believes we have to have both revenues, which is easier for a democrat to say, particularly from the high-end people, but he's quite strong on entitlement reform. it's different than paul ryan's entitlement reform, but it's real, and it's deep. >> what does it consist of? >> well, you know, medicare,...
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with the fiscal cliff. what are the odds of the president of the united states getting in the car and traveling up to capitol hill on a frequent basis over the next three to four weeks, extending his hand and opening up, you know, doors in the capitol to people on both sides of the hill to this crisis that we all face? >> mike, the back door is open. it has been open. i spent two years in the white house. i saw republicans coming in and out and i traveled with the president to the hill. back in 2009, he was on the way to capitol hill to talk about the recovery act when the house republican caucusish aud a isi release saying they were going to vote en masse against it. we want people walking in both ways. i've known barack obama for 20 years. i watched him in the illinois state senate. i watched him in the united states senate and i worked by his side in the white house. i don't know anybody who is more willing to work with people from whatever political party and whatever background and whatever persuasion
with the fiscal cliff. what are the odds of the president of the united states getting in the car and traveling up to capitol hill on a frequent basis over the next three to four weeks, extending his hand and opening up, you know, doors in the capitol to people on both sides of the hill to this crisis that we all face? >> mike, the back door is open. it has been open. i spent two years in the white house. i saw republicans coming in and out and i traveled with the president to the hill....
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with the fiscal cliff? >> well, you know, there are going to be democrats probably controlling the senate. and there's got to be revenues. probably increase revenues, and you do a big tax reform, fold in increased revenues on the affluent in that to make democrats happy and that'll make a lot of republicans unhappy. and i'd say the way to tell he's had a successful presidency is if he gets a primary challenge on the right in 2016. i know primary challenges are bad predictions for incumbents, nonetheless, that's a sign he's broken out of stagnation and done something original. >> but you are exactly right, though, you bring up a good point. a lot of democrats have been saying over the past several years, john boehner can't deal with members of the tea party. you know, i've been there. and i always said it's one thing to stand up to your speaker, it's another thing to stand up to your republican majority leader. it's quite another to stand up to the president of the united states. anybody out there thinking t
with the fiscal cliff? >> well, you know, there are going to be democrats probably controlling the senate. and there's got to be revenues. probably increase revenues, and you do a big tax reform, fold in increased revenues on the affluent in that to make democrats happy and that'll make a lot of republicans unhappy. and i'd say the way to tell he's had a successful presidency is if he gets a primary challenge on the right in 2016. i know primary challenges are bad predictions for...
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. >> so a top story today, one of the ledges of the fiscal cliff, those automatic spending cuts that almost certainly are going to kick in. we don't see that being part of some last-second deal. hit the defense department. but the pentagon's real problem is not those cuts, but the ones that are going to be coming over the next decade. we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's going to be a period of austerity. they're calling it -- they have a term around the pentagon, a very graphic self-amputation as they cut back over the years. and this was one of the reasons that president obama had, at the top of his short list, the former republican senator, still a republican, chuck hagel of nebraska. he's somebody who's talked about the pentagon as being bloated, had very specific ideas about how to cut it. but mike, sam, the table, we're hearing that that trial balloon has been popped. that senator hagel has a possibility for secretary of defense, has really lost a lot of altitude.
. >> so a top story today, one of the ledges of the fiscal cliff, those automatic spending cuts that almost certainly are going to kick in. we don't see that being part of some last-second deal. hit the defense department. but the pentagon's real problem is not those cuts, but the ones that are going to be coming over the next decade. we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's...
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with the fiscal cliff but then moving on to things like manufacturing, energy, all of the things that are challenges we face. partisanship for the last year really has prevailed over getting things done. >> the no budget no pay idea has a little flaw in it. the last time i looked and it's actually been several years the united states crossed into majority millionaire sometime in the early 1990s. majority millionaires more than 51 millionaires none of whom live off a salary we're not talking about guys who just edged over a million. >> no. >> thank you very much for coming in early this morning as well. and the new issue of "parade" magazine. hey, mr. president. wow. >> i can't believe it. >> thank you. >> beautiful for framing. >> get her own frame. >> okay. thank you very much. we'll be watching "the last word" tonight. >> a special friday edition prelex. i believe it's the final president show. >> great, lawrence. we'll be watching. thank you very much. coming up we'll get the last monthly unemployment report before election day. big numbers coming in. we'll bring in our panel of ec
with the fiscal cliff but then moving on to things like manufacturing, energy, all of the things that are challenges we face. partisanship for the last year really has prevailed over getting things done. >> the no budget no pay idea has a little flaw in it. the last time i looked and it's actually been several years the united states crossed into majority millionaire sometime in the early 1990s. majority millionaires more than 51 millionaires none of whom live off a salary we're not...
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not just in terms of the fiscal cliff, but in terms of a grand bargain. republicans say, you know, mitt romney actually given the failures of obama to get both sides to work together over the last four years, mitt romney's better positioned. talk about the different political dynamics that will play out in both cases. if obama wins and if romney wins. how do the tectonic plates shift to get us to a deal? >> here's what i believe. and this is -- the place where i agree with joe and we're on an unsustainable course. we're borrowing 40 cents of every dollar, that can't continue much longer. if obama wins, i believe there's a moment of opportunity in the lame duck session to have a plan laid out, and by the way, the good news is, there's a group of eight of us, that our colleagues have asked to put together a plan. so if colleagues are ready to act and hopefully they will be, that we have done the homework. and we are working very hard. we've got, i think, very close to an agreement on a framework that could be passed in a lame duck that would give the respon
not just in terms of the fiscal cliff, but in terms of a grand bargain. republicans say, you know, mitt romney actually given the failures of obama to get both sides to work together over the last four years, mitt romney's better positioned. talk about the different political dynamics that will play out in both cases. if obama wins and if romney wins. how do the tectonic plates shift to get us to a deal? >> here's what i believe. and this is -- the place where i agree with joe and we're...
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cliff talks? i'm waiting to see what kind of -- how the traders are going to react eventually. >> i think every time boehner walks out on a press conference, people decide to share a thousand shares of ibm and every time he smiles they buy them. people wonder if we'll get a t.a.r.p.-like sell-off, if we go over the cliff or there's a dramatic vote. people literally were scared their banks wouldn't work. this is a little different. the problems would be phased in. there's no doubt if there's sharp negative news or no deal you will see the markets, some say go down a couple percent. >> okay, brian schactman, thanks very much. >> you're welcome. >> we'll see you next time. >>> looking ahead to tomorrow, we'll bring in former senior adviser to the obama campaign, david axelrod. his thoughts on the budget negotiations. and what life is like now without a mustache. >>> also the uconn women's basketball coach geno auriemma will join us. we'll be right back with much more "morning joe." >>> all right. 53
cliff talks? i'm waiting to see what kind of -- how the traders are going to react eventually. >> i think every time boehner walks out on a press conference, people decide to share a thousand shares of ibm and every time he smiles they buy them. people wonder if we'll get a t.a.r.p.-like sell-off, if we go over the cliff or there's a dramatic vote. people literally were scared their banks wouldn't work. this is a little different. the problems would be phased in. there's no doubt if...
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extending tax cuts for all americans going to solve all our fiscal cliff issues? no. short of congress being able to do something meaningful, sustainable they should probably extend the cuts for everyone and look forward to the beginning of next spring or next year deal with sequestration, long-term fiscal responsibility, sustainability, but short of that, i don't know how this gives any more certainty, any more comfort. as you've talked on the show many times in the past, to businesses across the nation. what concerns me, you see the front page of the newspapers, europe's crisis hits profits, rising food prices. american consumer and business leader need as much certainty as they can get. congress if they choose not to do the tax cuts at all will try to address the fiscal cliff issues in a more sustainable way. >> mitch mcconnell wanted democrats to -- >> put them on the record. >> going to help republicans in certain -- most people just sort of tune this out. >> i think most people tuned it out. folks are on the beach, vacationing, not focusing on this. the narrativ
extending tax cuts for all americans going to solve all our fiscal cliff issues? no. short of congress being able to do something meaningful, sustainable they should probably extend the cuts for everyone and look forward to the beginning of next spring or next year deal with sequestration, long-term fiscal responsibility, sustainability, but short of that, i don't know how this gives any more certainty, any more comfort. as you've talked on the show many times in the past, to businesses across...